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5/10/2012

Investor Buyers are Making a Difference in This Market

Investor buyers, do you know you make up about 27-30% of the current buying market? Most investor buyers are looking to hold onto their properties for a while--only 5% of properties purchased last year have been re-sold.

The second home market surged in 2011, according to data from the 2012 NAR Investment and Vacation Home Buyers Survey. The combined market share of investment and vacation homes rose to the highest level since 2005. Investment home sales in 2011 jumped 64.5 percent over 2010. Vacation home sales climbed seven percent, year-over-year, and accounted for 11 percent of all transactions last year.

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Welcome to my Blog. If you're really looking for property listings and more real estate information, then don't be afraid to head on over to my other site http://www.juliahuntsman.com/ or my property search page and then contact me for more info! See weekly updates at the "Beyond the Headlines" link at the Market Trends link.

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I do not give tax or legal advice. The information contained herein should not be relied upon as a substitute for tax or legal advice obtained from a competent tax and/or legal advisor. CA BRE License # 01188996